This week the United Nations held a summit on world hunger and an interesting topic dominated some of the key discussions there, the way that biofuel investment is driving up the cost of staple food goods. That's right, the cost of gasoline and diesel fuel is not just driving up the cost of transporting food around the world, it is also making the wholesale prices for basic food items higher because of their use as a biofuel ingredient.

Other side effects of the high price of gas includes the grounding of the SUVs of the skies, the Boeing 737 and 747 fleets are being grounded in favor of smaller and lighter aircraft. Of course the price of new cars is heavily influenced by the cost of the fuels needed to make that car go, too.

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